Fauji Fertilizer bin Qasim’s losses increase by 36% during half year ending on 30th June 2018: Earnings reports

04:31
July 31, 2018
MG

In a Board of Directors meeting held on July 30^th 2018, Fauji Fertilizer bin Qasim Limited discussed their financial earnings for the Half Year ending on June 30^th 2018.

As compared to the half year ending on June 30^th 2017, The Company’s Net Sales increased by 41.2% whereas Gross Profit went up remarkably by 313%.

Fauji Fertilizers managed to reduce their Administrative Expenses by 5.4% but their Other Operating Expenses increased by 1056%.

Other income dropped by 66.4%.

Overall loss after taxation increased by 36.2%.

Profit and Loss for the Half Year Ended June 30,2018
	2018	2017	% Change
Sales-net	27,115,806	19,208,065	41.2%
Cost of Sales	(22,571,471)	(18,109,216)	24.6%
Gross Profit /(loss)	4,544,335	1,098,849	313.6%
Selling and distribution cost	(3,061,782)	(3,002,938)	2.0%
Administrative expenses	(952,921)	(1,007,177)	-5.4%
	529,632	(2,911,266)	-118.2%
Finance costs	(2,260,366)	(1,550,935)	45.7%
Other operating expenses	(759,900)	(65,549)	1059.3%
	(2,490,634)	(4,527,750)	-45.0%
Other income	1,103,866	3,288,529	-66.4%
Loss before taxation	(1,386,768)	(1,239,221)	11.9%
Taxation	(255,430)	33,339	-866.2%
Loss after taxation	(1,642,198)	(1,205,882)	36.2%

Posted on: 2018-07-31T09:31:00+05:00

22398

FOREX

EQUITY

COMMODITIES

FOREX

PairID	Symbol	Bid	Ask	High	Low	Update
1	PKR	278.20000	278.40000	278.40000	278.20000	01:03 PM
2	EUR	1.06690	1.06720	1.06720	1.06690	04:21 AM
3	GBP	1.23680	1.23700	1.23700	1.23680	04:21 AM
4	CHF	0.91026	0.91075	0.91074	0.91026	04:26 AM
5	JPY	154.62000	154.63000	154.63000	154.62000	04:21 AM
6	CAD	1.37970	1.38020	1.38020	1.37970	04:21 AM
7	AUD	0.64140	0.64180	0.64180	0.64140	04:21 AM
8	INR	83.37020	83.37070	83.37070	83.37020	08:00 PM
9	SAR	3.75120	3.75140	3.75140	3.75120	01:27 PM
10	AED	3.67220	3.67320	3.67320	3.67220	01:57 AM
11	HKD	7.83140	7.83150	7.83150	7.83140	04:21 AM
12	CNH	7.23884	7.23892	7.23892	7.23884	08:00 PM
13	CNY	7.24030	7.24040	7.24040	7.24030	07:10 PM
14	THB	36.80000	36.82000	36.82000	36.80000	08:00 PM
15	MYR	4.78150	4.78650	4.78650	4.78150	08:00 PM
16	IDR	16,210.30000	16,226.20000	16,226.20000	16,210.30000	04:17 AM
17	SGD	1.36080	1.36180	1.36180	1.36080	04:21 AM
18	NZD	0.58850	0.58910	0.58910	0.58850	04:19 AM
19	MXN	17.08550	17.11550	17.11550	17.08550	04:21 AM
20	TRY	32.48060	32.49060	32.49060	32.48060	08:00 PM
21	SEK	10.89960	10.92770	10.92770	10.89960	04:21 AM
22	ZAR	18.77030	19.81930	19.81933	18.77031	04:21 AM
23	NOK	11.01490	11.02090	11.02090	11.01490	04:21 AM
24	DKK	7.00130	7.00230	7.00230	7.00130	04:19 AM
25	ARS	867.78000	867.93000	867.92990	867.77995	04:26 AM
26	BDT	107.82100	111.19400	111.19441	107.82063	01:45 AM
27	BHD	0.37700	0.37710	0.37710	0.37700	08:32 PM
28	BRL	5.20150	5.20470	5.20470	5.20150	04:17 AM
29	KRW	1,373.58000	1,375.41000	1,375.41000	1,373.58000	04:17 AM
30	KWD	0.30836	0.30846	0.30846	0.30836	01:56 AM
31	LKR	298.08400	304.64400	304.64364	298.08350	01:45 AM
32	OMR	0.38498	0.38515	0.38515	0.38498	01:57 AM
33	QAR	3.64600	3.64900	3.64900	3.64600	01:59 AM
34	RUB	93.20000	94.60000	94.60000	93.20000	08:00 PM
35	AFN	70.89640	72.77070	72.77072	70.89640	01:45 AM
36	AZN	1.70000	1.70000	1.70000	1.70000	06:27 AM
37	TMT	3.36000	3.66000	3.66000	3.36000	08:00 PM
38	MVR	15.25000	15.65000	15.65000	15.25000	08:00 PM
39	UZS	12,636.70000	12,702.30000	12,702.31011	12,636.70868	01:45 AM
40	PHP	57.45800	57.68800	57.68800	57.45800	08:00 PM
42	NGN	1,149.00000	1,153.00000	1,153.00000	1,149.00000	08:00 PM
43	KES	129.80600	132.61800	132.61797	129.80648	01:45 AM
44	AMD	365.11900	421.34900	421.34858	365.11879	01:45 AM
45	TWD	32.53300	32.53900	32.53900	32.53300	04:17 AM
46	XAU	2,390.01000	2,391.71000	2,391.71000	2,390.01000	04:19 AM
47	XAG	28.65580	28.68580	28.68580	28.65580	04:19 AM
48	XPT	931.58700	937.31300	937.31280	931.58720	02:00 AM
49	XPD	1,026.51000	1,034.34000	1,034.33590	1,026.50920	02:00 AM
2,120	VES	36.25120	36.34210	36.34210	36.25125	08:00 PM
2,212	UGX	3,759.90000	3,844.24000	3,844.24348	3,759.89879	01:45 AM
2,213	TZS	2,532.50000	2,626.21000	2,626.21245	2,532.49613	01:45 AM

Data is delayed by 20 minutes

EQUITY

Name	High	Current	Low	Change	% Change	Volume	Value	DateTime
KSE100	70,968.98	70,909.904	70,186.93	619.785	0.882	214,724,945.0	13,651,927,649.760	19/04/2024 05:13 PM
ALLSHR	46,573.62	46,547.234	46,105.96	339.379	0.735	475,634,499.0	23,214,193,723.360	19/04/2024 05:13 PM
KSE30	23,393.38	23,376.569	23,058.97	282.759	1.224	116,554,680.0	11,831,374,214.290	19/04/2024 05:13 PM
KMI30	118,779.97	118,572.725	117,247.45	1,218.125	1.038	148,956,005.0	11,119,881,421.450	19/04/2024 05:13 PM
KMIALLSHR	33,051.27	33,022.390	32,695.54	298.524	0.912	317,804,569.0	19,951,289,708.390	19/04/2024 05:13 PM
BKTi	17,861.34	17,826.912	17,489.40	244.864	1.393	16,782,769.0	1,601,100,031.210	19/04/2024 05:13 PM
OGTi	16,766.60	16,652.098	16,435.08	192.159	1.167	13,610,174.0	1,842,349,761.040	19/04/2024 05:13 PM

Data is delayed by 20 minutes

COMMODITIES

Name	Symbol	Last	High	Low	Change
BITCOIN FUTURES	BTC	64,150.0	65,640.0	59,635.0	490.00
BRENT CRUDE	EB	87.4	90.8	86.2	0.28
RICHARDS BAY COAL MONTHLY	EF	105.5	0.0	0.0	-6.15
ROTTERDAM COAL MONTHLY	ET	120.0	0.0	0.0	-0.35
USD RBD PALM OLEIN	POL	832.5	832.5	832.5	0.00
CRUDE OIL – WTI	QCL	82.1	85.6	81.1	0.01
SUGAR #11 WORLD	SB	19.6	19.8	19.3	0.03

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